Dongyang Life Launches Industry's First Telemarketing Sales Company

On the 10th, Dongyang Life announced the launch of its telemarketing sales company, 'MyAngel Financial Services.' From the left: Kim Taehyun, Executive Director of Dongyang Life; Cho Hyunseok, CEO of MyAngel Financial Services; Luo Jianlong, CEO of Dongyang Life; Kim Subong, Vice President; Peter Jin, Executive Director.

[Asia Economy Reporter Oh Hyung-gil] Dongyang Life Insurance announced on the 10th that it has launched the telemarketing sales company 'MyAngel Financial Services.'

MyAngel Financial Services, with a capital of 10 billion KRW, is a sales company spun off from Dongyang Life Insurance's telemarketing organization. About 1,000 exclusive consultants will work there.

MyAngel Financial Services plans to start by selling existing products such as cancer insurance, whole life insurance, and term insurance, and expand its sales portfolio by adding non-life insurance products within the first half of the year.

Cho Hyun-seok, CEO of MyAngel Financial Services, said, "We will promote combined life and non-life insurance sales to broaden customer choices and improve consultant productivity," adding, "We will actively respond to the changing financial environment, such as the entry of large platforms into insurance, and create new business models."

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